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Could be a rich hoarder -- one of those 1% guys, you never really know.

You are right, I remember reading about some old guy about 20 years ago who was working in a dry cleaning shop and living in a room more of less under the GW bridge aproach, on the NY side. When he died he was worth $5 million.

I should not judge a book by its cover, or the depth of a well by the length of the handle on its pump.

Ha

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"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams

The rally in stocks is due to the failure of bonds to be a better investment, or at least that is my best attempt to translate from marketspeak a conclusion of Michael Gayed's article The "Fall Melt-Up" Rally is On, where he brags about predicting the rally back on Oct. 3.

2013, if politicians stop helping the housing market. 2015, if they continue making dumb proposals.

There's too much shadow inventory, not to mention baby boomers retiring and selling to downsize. I'd push the former back by at least a year, and the latter by two. But your point is well taken, the interventions to improve the housing market will only kick the can down the road and prolong the recovery.

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